Ripple backs SEC proposed crypto asset regulation in comment letter
Image: CryptoPotatoRipple filed a comment letter with the SEC supporting its proposed Regulation Crypto Assets and urging the agency to finalize the rule. Ripple said the proposal follows the Howey case by treating the investment contract, not the token, as the security. Chief Legal Officer Stuart Alderoty criticized prior case-by-case, coin-by-coin enforcement and called for clear rules. The proposal includes a safe harbor for digital assets that have ceased to be investment contracts.
Key points
- Ripple filed a comment letter with the SEC supporting the proposed Regulation Crypto Assets.
- Ripple urged the SEC to replace case-by-case enforcement with a clear regulatory framework.
- Ripple said the investment contract, not the token, is the security under the proposal.
- Ripple Chief Legal Officer Stuart Alderoty said the approach is faithful to the Howey decision.
- The proposal includes a safe harbor for digital assets after investment contract promises end.
Why it matters
The letter backs an SEC proposal that would replace case-by-case enforcement with a written framework. Ripple argues that the investment contract, not the token, should determine securities law coverage.
What's unclear
The reports do not state when the SEC will decide whether to finalize the proposed regulation.
The reports do not say whether the SEC will adopt Ripple's requested changes to the safe harbor rules.
Sources · 4 publishers
U.Today
Tier 2
Ripple Backs SEC's Crypto Regulation Proposal
CryptoPotato
Tier 2
Ripple Backs SEC’s Proposed Crypto Regulation, Calls for End to Case-by-Case Enforcement
CoinGape
Tier 2
Ripple, Cardano, Chainlink, Hedera, Stellar, Aptos & Avalanche Support SEC ‘Regulation Crypto Assets’
Coverage timeline
- First reported by Cointelegraph
- Also reported by U.Today
- CryptoVideos brief published
- 1 more publisher added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
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